An estimated 47 million Americans would be hit by the reduction in food stamp benefits, according to a report.

A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.

William Buchanan, the Chief Executive Officer of Lazard Capital Markets, stepped down from his post after a strategic review was done by the firm.

A report said the USD 600 million worth of naked bonds by Wynn Macau showed robust appetite for Asian gaming debt despite a slow economic growth in China.

OGX Petroleo & Gas Participacoes sold the stake it held in its only producing asset shortly before filing for bankruptcy.

Three Federal Home Loan Banks withdrew their objections at the settlement of a New York lawsuit offered by the Bank of America for its Countrywide unit.

Nine Entertainment would raise AUD 600 million for its IPO in Australia, a source said. A source told Reuters that Nine Entertainment Co would be going public.

Two former Kynikos analysts establish Arhammar Short Alpha Funds to bet on falling stocks. London-based Arhammar Short Alpha Fund Ltd would be betting on falling stocks around the world.

Energy Future Holdings planned to make coupon payments worth USD 270 million to creditors as a possible bankruptcy loomed.

Essar Group planned to bid for water projects in India. The Essar Group said it intended to make bids for various water projects in India. Essar Concessions India Ltd Chief Executive Officer Neeraj Sanghi said they planned to bid for water distribution and sewage plants and desalination facilities.

An Australian regulator approved the bid of AUD 407 million of Bega Cheese Ltd for the acquisition of Warrnambool Cheese & Butter Factory Co.

Essent Group raised USD 335 million for its initial public offering in the US. Mortgage insurance firm Essent Group Ltd was able to gather USD 335 million in its initial public offering.

Bitcoin users lined up as the first bitcoin ATM opened for business in Canada. The world's first bitcoin ATM opened for business in Canada on Tuesday.

The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.

The US central bank said it was going to continue its purchases of bonds worth USD 85 billion a month to keep interest rates low.

The F-35 fighter jet dropped its first bomb to hit a ground target in its first delivery test. The Pentagon said F-35 fighter jet hit its first ground target in a delivery test.

Sources told Bloomberg that hedge funds were asking the consumer bureau to investigate World Acceptance Corp.

Sarissa Capital Management acquired a 6.22% ownership stake in biotechnology firm Ariad Pharmaceuticals.

Fund managers said they were optimistic about Twitter's upcoming debut. Institutional investors expressed confidence about the initial public offering of social media company Twitter Inc.

Sources told Bloomberg that the Blue Bird Group had begun to check investor demand for its planned USD 450 million IPO.

Ally Financial wrote down a USD170 million charge for its third quarter earnings after reaching a settlement with two US housing regulators.

News Corp received a five-year revolving line of credit amounting to USD 650 million. News Corp was able to get a revolving credit line worth USD 650 million, which would be good for five years.

Sources said Blackstone would be making a bet for regional government properties in Spain after its July acquisition.

Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.

French advertiser Criteo raised USD 250 million from its IPO. France-based firm Criteo raised USD 250 million from its initial public offering in the US.

French billionaire Xavier Niel was looking at possible deals with phone companies in Europe, sources told Bloomberg.

Former billionaire Eike Batista would be selling his coal mines in Colombia to Yildirim Holding for USD 450 million.

The permanent eternal flame was brought back to light the gravesite of JFK after its repair. The eternal flame marking the gravesite of former US President John F.

The flight of the St. Louis Cardinals back to Boston for Game 6 of the World Series was delayed due to mechanical problems.

Assassin's Creed IV DLC would continue to be available only on Sony's PlayStation 3 and 4.